To examine how greenhouse-gas emission controls affect a country's industrial and trade structures, this article presents an open economy model that has both Ricardian and Heckscher-Ohlin features. We specifically compare emission quotas, emission taxes, and emission standards. The patterns of...

We consider the effects of free entry on the market structure and social welfare of an asymmetric Cournot oligopoly. Even if we allow for the existence of different types of firms initially, only one type (in almost all cases) can survive in the long run. Free entry leads an economy to a...

In this paper, we establish the most possilbe general formulation of the technology governing carbon-gas emission, giving rise to global external diseconomies, and ty to explore into the strategic interactions,both domestic and international, when an individual country decides on the...

This paper studies environmental management policy when two fossil-fuel-consuming countries non-cooperatively regulate greenhouse-gas emissions through emission taxes or quotas. The presence of carbon leakage caused by fuel-price changes affects the tax-quota equivalence. We explore each...

This paper studies environmental management policy when two fossil-fuel-consuming countries non-cooperatively regulate greenhouse- gas emissions through emission taxes or quotas. The presence of carbon leakage caused by fuel-price changes a.ects the tax-quota equivalence. We explore each...

This paper investigates the desirable roles of both public and private firms with increasing marginal costs in mixed duopoly. In contrast to Pal [1998] and Mat- sumura [2003a], who use the constant-marginal-cost model, we show that it is possible for each firm to prefer the role of either the...